operational resilience

Jul 22, 2024

London Stock Exchange hit by CrowdStrike outageThe UK’s primary trading venue, the London Stock Exchange, was one of a number of banks and execution venues hit by the worldwide outage that hit businesses on Friday.

Jun 05, 2024

Iosco issues guidelines for trading venue resilienceStock exchanges and other trading venues have been issued with a set of guidelines designed to make them more resilient to market outages.

Apr 19, 2024

EU regulators issue draft technical standards for DORAThe three regulators that supervise the EU’s financial services have launched a public consultation on the proposed regulatory technical standards (RTS) for the Digital Operational Resilience Act (Dora).

Apr 12, 2024

EU regulators to launch DORA prep exerciseFinancial institutions within the EU, including asset managers, have been asked to take part in a training exercise ahead of the implementation of the Digital Operational Resilience Act.

Apr 10, 2024

The international insurance industry is targeting the digital assets world and launching a series of products to offer coverage to crypto investors and custodians.

Mar 13, 2024

Financial institutions face rising financial crime compliance costs Almost every financial institution based in Emea faced a surge in the cost of financial crime compliance in 2023, according to a recent study published by LexisNexis Risk Solutions.

Feb 26, 2024

BNY Mellon appoints IT security headFormer Bank of Ireland executive Gary Delaney has been hired by global custodian BNY Mellon as its international chief information security officer (CISO).

Feb 07, 2024

Liquidnet calls for more market resilienceSecurities market participants should take greater collective and individual responsibility if they are to make the market more resilient and less susceptible to outages.

Jan 19, 2024

The head of JP Morgan’s asset and wealth management division has complained that the US bank is facing a rising number of cyber-attacks despite employing an army of technologists.

Speaking at the World Economic Forum in Davos, Mary Erdoes told delegates that the bank spends about US$15 billion on technology annually and employs 62,000 technologists, many of whom are employed solely in cyber security.

Jan 03, 2024

Cyber resilience looks set to be a major focus for Europe's financial regulators as the European Central Bank (ECB) announced its thematic stress tests for 2024.